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New National Minimum Wage Rates

The National Minimum Wage (Amendment) Regulations 2024 came into force on 1 April and provided for the following changes to the National Living Wage (NLW) and the National Minimum Wage (NMW) rates:

  • The NLW, which now applies to those aged 21 and over (previously those aged 23 and over), has increased from £10.42 to £11.44 per hour;
  • The NMW for 18- to 20-year-olds has increased from £7.49 to £8.60 per hour;
  • The NMW for 16- and 17-year-olds has increased from £5.28 to £6.40 per hour; and
  • The apprentice rate of the NMW, which applies to apprentices aged under 19 or those aged 19 or over and in the first year of their apprenticeship, has increased from £5.28 to £6.40 per hour.

The accommodation offset has increased from £9.10 to £9.99 per day for each day during the pay period that accommodation is provided.

The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.